The market is in a discending channel and couldnt break the historical high of 2015-2017.
Now it just reached the discending trendline and is near the 0.618 fib retracement level.
If the envoirment will give us a bearish signal we can look for a possible short till the lower resistance of the market.
Now it just reached the discending trendline and is near the 0.618 fib retracement level.
If the envoirment will give us a bearish signal we can look for a possible short till the lower resistance of the market.